ASEAN Retail Sector

| June 18, 2018

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Highest GDP per capita in the region and projected sustained growth creates a stable consumer base SINGAPORE High rental cost and tight labour market World’s 4th most populous nation with highest consumer confidence in the region INDONESIA Spending power hampered by slowest pace of GDP per capita growth among the 4 countries Pick up in consumer confidence and recovery in tourist arrivals likely to continue THAILAND Low population growth and ageing society could impede retail spending Government push to drive the country's development as a duty-free shopping hub MALAYSIA Low consumer confidence indicates.

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UOL DIVEO

UOLDIVEO is a UOL Group company that offers complete solutions in IT Outsourcing in the areas of Infrastructure, Operations and Solutions Outsourcing, Business Services and Telecommunications, with experience in implementing, integrating and managing solutions for companies of all sizes and segments .

OTHER ARTICLES

How is Point of Sale Software Changing in 2020?

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All great businesses are blooming on the edifice of POS, which stands for Point of Sale System. Every inch of your business consistency, management, and profits is subjected wholly and solely to the retail POS system. As we all are aware of its importance in a business and how effectively it tends to expand business empires and profits. In other words, a retail POS system is like a Midas touch to your business; it enhances it and enhances it for good, adorning it with golden profits. The idea of POS software is simple. It excludes every chance of human errors and inconsistencies, holds back your company's loss, and increases the productivity of your checkout counter. This is all it does, and all of these tasks are simple, but they are reassuring business tactics that ensure promising gains and remarkable retail growth.

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Diversify Your 3PL Warehouse for Ecommerce

Article | April 16, 2020

In today’s changing landscape for third-party logistics warehouses, the ability to evolve is more important than ever. One of the best ways to meet this challenge is to shift from traditional B2B fulfillment to ecommerce workflows. With more than 2 billion digital buyers worldwide, and the total global retail ecommerce sales estimated to reach $4.13 trillion this year, warehouses looking to adapt will be able to continue to help their customers meet the growing demands of online buyers. In this webinar, you will learn the best practices used by 3PLs looking to make the move to ecommerce or how to enhance their ecommerce operations.

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How Art Van went from a retail juggernaut to a house afire

Article | March 8, 2020

The Warren-based retailer's sudden announcement that it would wind down operations comes only three years after its late founder, Art Van Elslander, sold the company to a Boston-based private equity firm, Thomas H. Lee Partners LP, in an estimated $550 million deal. How did a seemingly healthy, valuable and beloved company go so wrong so fast? After its 2017 acquisition, Thomas H. Lee set an aggressive strategy to open 200 more stores and double revenue to $2 billion by 2020. But being saddled with roughly $400 million in debt and no financial cushion to respond to the disruption of changing furniture habits left Art Van's business model sitting on a tinderbox. Management missteps were all the fuel needed to burn the house down.

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How Is Your Ecommerce Business Adjusting to Coronavirus? Let Us Know

Article | April 1, 2020

Reality as we know it has been interrupted. Our entire lives have been put on hold. And it’s not a great feeling. To fight the global coronavirus pandemic, we’re all stepping back from large gatherings even if it disrupts our business goals or denies us the ability to catch up with dear friends. Not only have we postponed Ecommerce Operations Summit 2020 but we are brainstorming other ways to do our part and contribute however we can. Our focus right now is on everyone whose lives have been turned upside down or even put at mortal risk by this invisible enemy. How has this impacted you? While you’re working from home, carve out a quick minute to answer this survey and share the effect COVID-19 has had on your business. Answers will be collected through this Thursday.

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Spotlight

UOL DIVEO

UOLDIVEO is a UOL Group company that offers complete solutions in IT Outsourcing in the areas of Infrastructure, Operations and Solutions Outsourcing, Business Services and Telecommunications, with experience in implementing, integrating and managing solutions for companies of all sizes and segments .

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